The club needs a new owner.

One thing I'm not is a troll. I just put an opinion out there which had plenty of backlash which makes me realise I was wrong so again I apologise.
 
I don’t think he needs to sell up, but we absolutely did need a change in direction and I’m hopeful this is what Scott will bring.
This thread shows Gibson is just untouchable, and someone even said he was the best owner in the country which is beyond deluded. Let’s not forget how close we got to league one which is completely on the owner, only five years after we were a premier league club too
 
I don’t think he needs to sell up, but we absolutely did need a change in direction and I’m hopeful this is what Scott will bring.
This thread shows Gibson is just untouchable, and someone even said he was the best owner in the country which is beyond deluded. Let’s not forget how close we got to league one which is completely on the owner, only five years after we were a premier league club too
When will people finally realise he can't "sell up" as nobody is stupid enough to pay him anything for the club in the financial mess it is in. It has a nett shareholder value of -£85m up until Covid struck.
The question is why is it valued so horrendously.
Gibson and O'Neill can clearly run a niche haulage business.
A football club, not so much; or a hotel/resort for that matter.
 
It is pointless shouting for new ownership.
The Club owes Gibson O'Neill so much money, he will not write it off, nor will anybody else take that debt on.
As I have posted for years now we are stuck with each other.
If he walks, his Group loses over a hundred million and throws his equity away. He won't walk away.
He will stay, almost certainly keep making mistakes, almost certainly inject no equity, and almost certainly underwrite more internal loans to cover inevitable losses, praying for promotion and a way out.

Nobody else will take the club on in its current position and financial mess.
A mess purely of Gibson's own making.
Stuck with each other.
A financial mess of Gibsons making?, I don't think I have ever heard boro fans complaining when we have spent cash trying to improve the club, such as when Monk splashed the cash, we may not agree with the players being bought but have constantly moaned about the need for players to be bought. We lost loads in that golden period under Robson due to wages we paid.
We are only in existence as Gibson / O'neal continue to underwrite the boro, what's the debt now £60-80m? that has not come about without us spending money we did not have, I could imagine No Gibson would mean administration for the club.
We need to learn to operate like Brentford, buy cheap sell high typically, and play good football. We are miles away from what i saw from them against Liverpool yesterday
 
Its a difficult one this.

Gibbo has been generally very good for the club at times excellent, but something is not quite clicking as it should.

Since Southgate as manager there does appear a bit too much of a detachment between say dealing with the buying and selling of players and the footballing side. With manager at times been given players and other times been told players have the sold possibly against their own judgement. Its not every deal neither.

Maybe Gibbo himself had realised this hence the Scott appointment.

I do think a good number of clubs have been breaking Financial play rules which has made it harder for the rest.

In the recent past - Bournemouth, Watford, Villa, Derby, Sheff Wed, Wigan - and those are just the ones caught.
 
New ideas think Gibson done brilliant keeping the club going. Desion making shocking at time's. But need new direction. Since Karanka left its been shocking at times and even the most experienced mangers are struggling with us.
Have you seen the state other clubs are in at the moment? Also, do you smoke crack or something?
 
My take on this is I would much rather have Gibson than 99% of other owners. Gibson isn't perfect and he has made some questionable decisions over the years but and this is a big BUT, I really belive he has made them decisions with what he has thought was the best decision for the club at the time be it financially or stability. In reality how many owners from other clubs would you rather have? There is a lot of billionaire owners now in the Prem and even the championship, but how many are successful and how many make the clubs into a laughing stock? How many want to take the soul out of the club? Change the name, maybe Riverside reds? Or use the club as a cover for illigal or human rights abuse and modern slavery. I would much rather have a chairman who actually cares about the club than being a club existing on the whim of a billionaires vanity project.
I'm not saying Gibson is above criticism for his decisions and I'm not saying as fans we can't question why something was done. I think we have been in desperate need of a new direction and new ideas for a long time and been a bit like a ship with no rudder just bobbing along qnd going where the tide takes us. But hopefully Scott can bring this new direction to the club and follow models of some similar sized clubs who have been more successful in recent years.
 
It is pointless shouting for new ownership.
The Club owes Gibson O'Neill so much money, he will not write it off, nor will anybody else take that debt on.
As I have posted for years now we are stuck with each other.
If he walks, his Group loses over a hundred million and throws his equity away. He won't walk away.
He will stay, almost certainly keep making mistakes, almost certainly inject no equity, and almost certainly underwrite more internal loans to cover inevitable losses, praying for promotion and a way out.

Nobody else will take the club on in its current position and financial mess.
A mess purely of Gibson's own making.
Stuck with each other.
Once more indeedido spells out the financial reality. Clubs are often reported as basket cases. Do we differ from such a description? Financially we have been incompetent and it leaves us in no position to even discuss or contemplate change
 
Its a reflection of the business of football generally.
You spend or you struggle, there is no profit unless you are up there in the top flight with a bigger slice of the pie and worldwide income from merchendise etc. All that means big debt just to stay afloat, tread water
Very rarely a Brentford comes along but that's just a dream
The realist accepts that and enjoys it for what it is.
I don't want the gamble that Derby, Shef Wed have experienced.
 
Once more indeedido spells out the financial reality. Clubs are often reported as basket cases. Do we differ from such a description? Financially we have been incompetent and it leaves us in no position to even discuss or contemplate change

This may be true, but what sets Gibson apart from the vast majority of owners is he's not trying to make a profit and he won't gamble the club's future on trying to reach the wealth of the premier league.

He is a fan and his decisions are based on trying to have us playing at as a high level as possible, with as strong a team as possible.

His decision making on the football side has been shocking at times, that's true. But when we've gambled (and the sad reality is, you probably have to gamble as a championship side with ambitions of promotion) we've done so with a plan B, a fall back position. He takes the necessary action to ensure we don't breach FFP and aren't going to go bust. The finances might be a state, but I'd be shocked if he ever let them get to a point where we were seriously in trouble.

The biggest problems with him are his personal wealth isn't as big compared to most other chairmen (although FFP should theoretically negate this quite a bit) and his footballing judgement seems flawed. But we're very unlikely to find another owner who only cares about how well we compete and the future of the club as a sporting entity.

I think he's realised now that the cycle of gambling, followed by belt tightening isn't working, nor is it sustainable. Hence the appointment of Scott. It's not easy to follow the Brentford approach though, if it was all clubs would be at it. I'd say we've a better than average chance, because he's not fixated on reaching the riches of the PL as quickly as possible at any cost. So he should be more patient than most. As long as Gibson doesn't panic before the plan has got off the ground.
 
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